TORONTO, Sept. 9, 2011 /CNW Telbec/ - The action wasn't all on the field
as the Blue Jays hosted the Boston Red Sox at Toronto's Rogers Centre
on September 8. High above the field, some of Canada's leading fund
companies brought their "A Game to the Jays Game," as Fundata Canada
Inc. honoured 55 fund companies whose funds have achieved the coveted
Fundata FundGrade® "A" rating.
"The bottom line for investors and their advisors is fund performance,"
said Janny Vincent, President of Fundata Canada. "We are pleased to
recognize these funds for their achievement meeting the rigorous and
objective performance criteria necessary to attain a FundGrade "A"
The FundGrade rating system is a valuable tool to assist investors,
advisors, and analysts select quality investment funds in Canada. The
FundGrade system was developed with the premise that strong risk-return
characteristics are desirable to all investors looking to build a
stable, growing portfolio.
To achieve an "A" Grade, a fund must demonstrate strong historical
performance relative to the amount of accompanying risk as determined
by three different risk-adjusted performance ratios stemming from
Modern Portfolio Theory: Sharpe; Information; and Sortino.
Only the funds that consistently outperform their peers across all three
ratios earn an A Grade, as the exclusive group consists of only the top
10% in each category.
For a complete list of the funds receiving the Fundata FundGrade A Grade
Award, please visit http://www.fundata.com/ProductsServices/FundgradeAList.aspx.
Fundata's FundGrade is an independent and objective investment-fund
rating system that has been developed to recognize funds that achieve
superior risk-adjusted returns. FundGrade provides a quick and easy
approach for identifying funds with a track record of first-rate
performance, helping investors identify exceptionally performing funds.
From an "A" (superior past performance) to an "E" grade (poor past
performance), our rating system assigns a grade to over 7,000
For more information on the Fundata FundGrade rating system or to obtain
a detailed explanation on how FundGrade is calculated, please visit www.fundata.com.
About Fundata Canada Inc.
Fundata Canada Inc. has been providing data aggregation and
dissemination services to the Canadian media and financial marketplace
since 1987. Fundata is a major player in the distribution of fund
information in Canada. Fundata's database contains over 18,000
investment funds, covering 850 data points. Fundata provides customized
data feeds, top-shelf analytics, cutting-edge software tools, and
seamless hosted web solutions for fund companies, back office systems,
investment planners, banks, trust companies, resellers and
redistributors, and online, print, and broadcast media channels.
Fundata truly brings the fund data A-game to the Canadian marketplace.
For more information, visit www.fundata.com.
SOURCE FUNDATA CANADA INC.
For further information:
Manager, Marketing & Client Relations
416 455-5534, ext. 260